PRGS vs. AI, CVLT, QLYS, SVFCX, DCT, NCNO, INTA, RPD, VERX, and ACIW
Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include C3.ai (AI), Commvault Systems (CVLT), Qualys (QLYS), Smead Value Fund (SVFCX), Duck Creek Technologies (DCT), nCino (NCNO), Intapp (INTA), Rapid7 (RPD), Vertex (VERX), and ACI Worldwide (ACIW). These companies are all part of the "computer and technology" sector.
Progress Software vs.
Progress Software (NASDAQ:PRGS) and C3.ai (NYSE:AI) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, dividends, valuation, analyst recommendations, profitability, risk, media sentiment, earnings and institutional ownership.
Progress Software has a net margin of 15.79% compared to C3.ai's net margin of -98.35%. Progress Software's return on equity of 41.04% beat C3.ai's return on equity.
42.0% of C3.ai shares are owned by institutional investors. 3.2% of Progress Software shares are owned by company insiders. Comparatively, 38.1% of C3.ai shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Progress Software has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, C3.ai has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.
Progress Software has higher revenue and earnings than C3.ai. C3.ai is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.
In the previous week, Progress Software had 4 more articles in the media than C3.ai. MarketBeat recorded 11 mentions for Progress Software and 7 mentions for C3.ai. Progress Software's average media sentiment score of 0.87 beat C3.ai's score of 0.16 indicating that Progress Software is being referred to more favorably in the media.
Progress Software received 57 more outperform votes than C3.ai when rated by MarketBeat users. Likewise, 64.01% of users gave Progress Software an outperform vote while only 52.93% of users gave C3.ai an outperform vote.
Progress Software currently has a consensus price target of $53.75, suggesting a potential downside of 6.91%. C3.ai has a consensus price target of $20.45, suggesting a potential downside of 19.06%. Given Progress Software's stronger consensus rating and higher possible upside, equities analysts plainly believe Progress Software is more favorable than C3.ai.
Summary
Progress Software beats C3.ai on 14 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Progress Software Competitors List
